Investors' Soapbox PM

A Bullish Case for Chips Heading Into 2012

With valuation multiples at lows, now may be the time to buy.

December 9, 2011

Benchmark Co. LLC

Following the release of Taiwanese sales data for November, we reiterate our Overweight rating on the chip group.

When it comes to investing in the chip-device sector, there are two rules of thumb to follow. First, the best time to buy into the chip group is when the fundamentals appear challenged and when valuation...